https://www.taxtmi.com/caselaws?id=328034 The Tribunal quashed the CIT's order under Section 263 of the Income Tax Act, finding that the Assessing Officer had conducted thorough inquiries and applied his mind to the issues raised. The Tribunal concluded that there was no evidence of revenue loss or erroneous application of law, thereby restoring the original assessment order and allowing the appeal of the assessee. en-us Wed, 20 Apr 2016 00:00:00 +0530 Wed, 25 May 2016 08:24:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=328034 The Tribunal quashed the CIT's order under Section 263 of the Income Tax Act, finding that the Assessing Officer had conducted thorough inquiries and applied his mind to the issues raised. The Tribunal concluded that there was no evidence of revenue loss or erroneous application of law, thereby restoring the original assessment order and allowing the appeal of the assessee. Case-Laws Income Tax Wed, 20 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=328034